Board of Directors

Mr. B C G de Zylva - Non-Executive Chairman

The Chairman of the Boards of LOLC Finance PLC and LOLC (Cambodia) PLC, and the Managing Director of LOLC Myanmar Micro-Finance Company Limited. Prior to joining the LOLC Group, he served the Non-Bank Financial Services Industry (NBFI) in Sri Lanka in both Licensed Finance Companies and Specialized Leasing Companies holding Board and General Management positions. He counts over 35 years of experience in the NBFI sector including the micro finance industry in Sri Lanka, Myanmar and Cambodia.

Mr. A Nissanka - Non-Executive Director

Ashan Nissanka is a Non-Executive Director of LOLC Finance PLC and previously functioned as the Director/Chief Executive Officer from 2015-2018. He currently serves on the Board of LOLC Philippines Corporation and spearheads the Group's international operations in Philippines, Africa and South America.

Joined LOLC in 1998 and counts over 26 years of experience in the banking and finance sector with expertise in strategic marketing planning, development and management of the retail channels.

Ashan holds an MBA from Edith Cowan University, Australia, a Graduate Diploma from Chartered Institute of Marketing - UK (CIM) and a Certified Management Accountant from Institute of Certified Management Accountants Australia. He currently serves as a Council member of the Institute of Certified Management Accountants Australia (CMA-Australia), a Board Member of the Leasing Association of Sri Lanka (LASL) and a member of Sri Lanka Institute of Marketing (SLIM).

Mrs. D P Pieris - Senior Independent Director

Mrs. Dayangani Priyanthi Pieris is an Attorney-at-Law of the Supreme Court of Sri Lanka and a Solicitor of England & Wales.

She counts over 38 year experience in the fields of corporate/securities law. She has a wide experience in handling corporate restructuring, privatizations, capital market transactions and takeovers and mergers.

She serves on the Boards of Asia Asset Finance PLC, LOLC Finance PLC, Abans Electricals PLC, Associated Electrical Corporation Ltd., MTN Corporate Consultants (Pvt) Ltd. And the Chairperson / Consultant of P W Corporate Secretarial (Pvt) Ltd., a company providing Secretarial and Registrars Services to a large number of companies listed on the Colombo Stock Exchange.

Mrs. Pieris served as the Legal Adviser to the Ministry of Finance from 2002 to 2004 and as Legal Consultant to the Colombo Stock Exchange from 2004 to 2011. She also serves as a member of the Committee set up by the Securities and Exchange Commission of Sri Lanka to recommend amendments to the Company Takeovers and Mergers Code1995 (as amended) and a member of the Committee, recommending amendments to the Rules on Corporate Governance.

Mr. P A Wijeratne - Independent Director

Mr. Wijeratne has over 20 years of experience in accounting, financial reporting, investment of internal funds, foreign loan disbursements and repayments, auditing, public debt management and administration as an ex Officio of the Central Bank of Sri Lanka. He joined CBSL in 1987 and worked in the Finance, Public Debt Management and Internal Audit departments till his retirement in year 2016.

He holds a BA degree in Economics (Special Field - Commerce) from University of Kelaniya and a postgraduate Diploma in Accounting and Financial Economics. He read for his MSc in Accounting and Financial Economics at the University of Essex, UK.

Mr. K Sundararaj - Independent Director

Mr. Kandiah Sundararaj counts over 26 years experience in accounting, auditing and tax consulting. He started his career as a Chartered Accountant in 1998 and is currently serving as the Tax Partner in M/s Amarasekera and Company, Chartered Accountants. Mr. Sundararaj is a fellow member of the Institute of Chartered Accountants of Sri Lanka and holds a Master of Business Administration in Finance from the University of Colombo.

LOLC
Finance PLC. Incorporated on the 13th of December 2001, is rated [SL] A (Stable) by ICRA Lanka Limited and
is licensed by the Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act No. 42 of
2011. Eligible deposit liabilities are insured with the Sri Lanka Deposit Insurance Scheme implemented by
the Monetary Board for compensation up to a maximum of Rs. 600,000 per depositor.